ShepHyken

DECEMBER 9, 2022

And how can you make sure that your customer journey meets or exceeds those expectations? . Customers want to be able to reach a live person when they need assistance. And, perhaps most importantly, they want to feel like they’re valued as a customer. . Reduced customer churn .

Sales 325

Sales CRM Contact Center Customer retention 325

Contact Center Pipeline

AUGUST 5, 2020

a Canadian training company that helps contact centers improve their sales and customer experience results. Area of Expertise: Training contact center agents to deliver great customer service and upsell effectively for improved customer retention and higher revenue. What is your […].

Upselling 32

Upselling Contact Center Customer retention Sales 32

ShepHyken

APRIL 26, 2021

Once you adopt that mindset, you’ll see how some of the best marketing, customer retention, and more come from your customer service and support. Street Fight) Here’s how five brands have navigated the changes and adapted their loyalty programs to meet new consumer demands.

Customer Service 369

Customer Service First call resolution Contact Center Best practices 369

ShepHyken

AUGUST 23, 2019

This week we feature an article by Martin Frascaroli who talks about why it is important to meet your customer needs using omnichannel customer service. . Your potential customers want to buy quickly and comfortably through an integrated experience. How can you meet these potential consumers’ needs?

Customer Service 296

Customer Service Customer retention Self service Sales 296

Totango

AUGUST 16, 2022

Customer Retention Software Cuts Down Client Churn. Customer retention software has become essential for effective SaaS customer success strategies. A winning SaaS business model must prioritize retaining customers, which is far more cost-efficient than acquiring new clients to offset churn.

Customer retention 103

Customer retention Upselling CRM SaaS 103

ShepHyken

JUNE 30, 2024

CX Makeover: 11 Ways to Improve Customer Experience by Ken McMahon (Nextiva) Employees interact with customers every day and are a valuable source of CX knowledge. Regularly collect feedback from staff through surveys, meetings, or suggestion boxes to identify customer pain points and opportunities for improvement.

Customer Service 224

Customer Service Customer retention Morale Customer Experience 224

ShepHyken

MARCH 27, 2018

Activate – Energize the interaction with the customer to let the customer know that doing business with you is unlike any business experience they’ve had before, whether an amazing unboxing experience or a kickoff meeting. Acclimate – Hold the customer’s hand and get them used to doing business with your company.

Customer retention 216

Customer retention Accountability Feedback Sales 216

ShepHyken

SEPTEMBER 30, 2019

How To Boost Customer Retention Effectively Using Video by Koushik Marka. CustomerThink) This article will provide you with an insight into how to use videos for customer retention and help you refine your own policy for the same using videos. This article will get you thinking about how you can use it for your customers.

Customer Service 49

Customer Service Customer retention Metrics Consulting 49

ShepHyken

FEBRUARY 10, 2020

5 ways to increase customer retention in 2020 by Michael Barnard. CustomerThink) We have outlined 5 simple steps for you to increase your customer retention in 2020 and ultimately grow your revenue today and into the future. My Comment: How do you increase customer retention? I’m honored to be included.)

Customer Service 226

Customer Service B2B Customer retention B2C 226

CSM Magazine

DECEMBER 24, 2024

Customer retention is a critical factor in driving long-term financial growth for any business. By focusing on retaining existing customers, companies can build stronger relationships, reduce acquisition costs, and increase lifetime value. Competitive Advantage Customer retention gives businesses a strong competitive edge.

Customer retention 52

Customer retention Construction Advertising Feedback 52

ShepHyken

MAY 17, 2021

Customer Empathy: Four Data Points for Understanding How the Pandemic Has Impacted the Customer Experience (CX) by Janelle Estes. eWeek) The data points in this article can help companies gain a better understanding of how the pandemic has affected CX, and what they can do to meet and exceed customer expectations now and in the future.

Customer Service 231

Customer Service Customer retention Marketing Sales 231

Beyond Philosophy

DECEMBER 23, 2014

Clearly avoiding disappointment means meeting the expectations of your Customers. To that end, however, I have t hree essential steps to avoiding disappointment this Holiday Season in your Customer Experience : 1. Disappointing Customers happens because you do not meet their expectations and marketers play a key role.

Customer emotions 246

Customer emotions Customer centricity Customer retention Consulting 246

ShepHyken

APRIL 5, 2019

These virtual customer experience tools are transforming the way that companies interact with their customers in the contact center environment. When used correctly, chatbots have the power to enhance marketing, sales, customer retention and more. Personalizing the Customer Experience.

Chatbots 305

Chatbots Customer Experience Cloud contact Contact Center 305

ShepHyken

SEPTEMBER 7, 2020

Each week I read a number of customer service and customer experience articles from various resources. Winning means losing in the game of customer retention by Linda O’Grady. CMO) All too often retention is a blanket goal. ‘We My answer is that customer engagement is what can enhance the customer experience.

Construction 237

Construction Customer Service Feedback Customer retention 237

Callminer

FEBRUARY 4, 2021

More effectively identifying and managing customer vulnerability isn’t just a benefit for consumers, companies that can successfully support vulnerable customers deliver better customer service and improve customer retention and loyalty. Meet Our Panel of Call Center Experts & Business Leaders: Kevin Lee.

Call Center 345

Call Center Contact Center Finance Consulting 345

ShepHyken

MAY 30, 2022

The best companies have found the balance between digital and human, as they realize there is still a significant desire for human-to-human customer support. 5 Strategies for Increasing Customer Retention by Andrian Valeanu. Designmodo) Businesses go to great lengths to earn customers’ loyalty, especially in this digital age.

Customer Service 37

Customer Service Customer retention Wait times Self service 37

ShepHyken

DECEMBER 14, 2018

Ted Bardusch, CISO at customer engagement hub Usermind highlights that a unified customer record is crucial to being able to meet the GDPR’s 72-hour customer breach notification rule. “To To guarantee customer retention, CX teams need to consider a security breach as a likely stop along the customer journey.

Customer Experience 273

Customer Experience Government Coaching Customer retention 273

ShepHyken

NOVEMBER 12, 2024

One of the topics of the meeting was a discussion about why a client would leave. But let’s assume the advisor is smart, the advice is sound, and the return on investment meets expectations. I was recently hired as a keynote speaker to talk to a group of financial advisors about client service.

Customer Service 266

Customer Service Customer Experience Customer retention 266

ShepHyken

AUGUST 14, 2023

When you create content that answers your customers’ questions, you’re also (potentially) creating an SEO-optimized piece of content that could bring you new customers. It is essential to the success of a business because it demonstrates the organization’s ability to cultivate strong customer relationships and customer loyalty.

Customer Service 31

Customer Service Customer retention Engineering Chatbots 31

TechSee

OCTOBER 2, 2019

Other industries faced with high churn rates due to poor customer service include retail/ecommerce (12%), healthcare-related products or services (12%), insurance (11%) and banking/financial services (11%). This underscores the fact that churn plagues all verticals and customer retention strategies are critical to almost every industry.

Surveys 165

Surveys Customer Service Customer retention Telecommunications 165

ShepHyken

JULY 31, 2018

Instead of just focusing on meeting your monthly sales numbers, try focusing on customer retention. If all you focus on is reducing labor costs and network expenses, then you probably won’t have a high NPS or customer satisfaction.” – Scott Walker.

Average Handle Time 195

Average Handle Time Metrics Customer retention Call Center 195

ShepHyken

FEBRUARY 13, 2023

After the sale, the customer goes into a “honeymoon” period with your business. This is where the customer finds out if their expectations meet reality or exceed them, or the stage where they find out that they are not getting what they thought they paid for. Customers know the difference.

Customer retention 156

Customer retention Sales Customer Service Marketing 156

ShepHyken

JULY 31, 2018

Instead of just focusing on meeting your monthly sales numbers, try focusing on customer retention. If all you focus on is reducing labor costs and network expenses, then you probably won’t have a high NPS or customer satisfaction.” – Scott Walker.

Average Handle Time 195

Average Handle Time Metrics Customer retention Call Center 195

ShepHyken

MARCH 21, 2022

Our customer service research supports the theme. 59% percent of the more than 1,000 consumers we surveyed feel that customer service is worse now than before the pandemic. 5 Tips to Increase Your Customer Satisfaction in 2022 and Beyond by Wise Marketer Staff. Customer Experience in the Age of AI by David C.

Customer Service 185

Customer Service Customer retention Self service Engineering 185

ShepHyken

DECEMBER 10, 2021

Customer acquisition costs approximately five times more than customer retention, so what steps can companies take to keep the subscribers they already have happily engaged? . Investing in omnichannel and personalized subscriber care can lay the foundation for the seamless experiences your customers expect. .

Entertainment 231

Entertainment Airlines Personalization Self service 231

ShepHyken

FEBRUARY 21, 2023

While many of those concepts are still valid today, it’s time to modify the list and give a few of the original reasons a facelift to bring them into current times. First, a reminder that an amazing customer experience isn’t about being over the top. It’s simply consistently meeting or (ever so slightly) exceeding expectations.

Customer Experience 185

Customer Experience Surveys Customer retention Customer Service 185

ShepHyken

APRIL 17, 2017

Bestselling author and business expert, Joseph Michelli, shares five important basics that you must consider if you want those sought-after customer referrals. How to Drive Customer Loyalty Among Millennials by Timi Garai. My Comment: There is a difference between a customer loyalty program and a customer retention program.

Airlines 198

Airlines Customer Service Customer retention Customer Care 198

ShepHyken

FEBRUARY 12, 2024

Jenkins (Social Media Examiner) Want to deliver extraordinary customer care that leads to client retention? Wondering how your approach to customer experience leads to tangible outcomes like increased sales, customer retention, and referrals? Of course, customer service and experience hover over all of these.

Customer Service 191

Customer Service Self service Personalization Customer retention 191

ChurnZero

AUGUST 15, 2024

One of the most effective ways to achieve this is to leverage AI for customer retention by using it to understand customer trends and mitigate churn risks. Now, back to crafting those perfect customer experiences—happy retaining! How to leverage AI for customer retention by identifying actionable trends.

Customer retention 52

Customer retention Management Accountability Analytics 52

CCNG

JANUARY 11, 2023

I’ve seen companies pull back on spending in areas they believed to be “not as critical” (like customer support or the contact center) to the organization’s success, only to have it come back to haunt them. These same companies found themselves having slow growth and customer service and customer retention issues.

Customer Service 195

Customer Service CCNG Education Self service 195

ShepHyken

FEBRUARY 25, 2022

Customer service is essential to the loyalty of your clients. Loyalty leads to customer retention, and retention is vital for businesses because the cost of acquiring new customers is on average five times higher than retaining your existing clients. But that’s not the case.

outsourcing 156

outsourcing Customer retention Contact Center Customer Service 156

ShepHyken

JANUARY 31, 2020

There is definitely no one-size-fits-all strategy when it comes to dealing with clients, but having a heightened level of awareness on their needs will give you a degree of mastery when it comes to enhancing your brand’s customer support efficiency, increasing client service ratings and raising customer retention by a great deal.

Customer Service 227

Customer Service Entertainment Marketing Customer Support 227

ShepHyken

SEPTEMBER 4, 2017

One of the big takeaways is that the leaders close the loop on feedback within 48 hours, which according to CustomerGauge, leads to a 12% increase in customer retention. 10 Insights from Customer Care Experts & Influencers by CGS. My Comment: My friend Skip Prichard put together a list of 101 customer service quotes.

Customer Service 172

Customer Service Benchmark Customer Care Finance 172

TeleDirect

FEBRUARY 9, 2021

Unfortunately, many of the challenges the Worst Year in History introduced – limited face-to-face meetings, remote work, and more – are still here. Try these methods to meet your staffing demands: “Zoom” into your talent base. LinkedIn, the popular career site for professionals, is a great way to meet different candidates.

Business Process Outsourcing 115

Business Process Outsourcing outsourcing Call Center Chatbots 115

Lumoa

OCTOBER 20, 2022

And this requires looking at things from the customer’s perspective, understanding their needs and wants, and going above and beyond to meet them. This article will explore the key components of customer experience and how you can use them to scale your business. Happy Customers Means Higher Lifetime Value.

Customer Experience 114

Customer Experience Banking Customer retention Customer advocacy 114

ShepHyken

OCTOBER 27, 2023

Invest in robust security measures, such as surveillance cameras, secure access systems, and on-site security personnel, to maximize the safety and protection of your customers and their belongings. Additionally, ensure the confidentiality of sensitive information by providing areas such as private meeting rooms and dedicated phone booths where (..)

Customer Experience 166

Customer Experience Feedback Customer centricity CRM 166

ShepHyken

NOVEMBER 29, 2021

And remember what I always say: “What’s happening on the inside of an organization is felt on the outside by the customer.”. Total Retail) Remember last year’s “Shipageddon,” when many delivery providers struggled to meet demand in the lead-up to the holidays? And of course, the main focus of that strategy should be on CX.

Customer Service 243

Customer Service Chatbots B2C B2B 243